Lost and Found Association is a 501(c)(3) organization based in Sioux Falls, South Dakota, registered in 2016, with $1,496,951 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$1.5M
▼ 27.9% vs prior year
Mental Health median: $333K
Expenses (FY2023)
$1.6M
Net assets
$180K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Lost and Found Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Lost and Found Association: 1 mo reserves · -9% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Lost and Found Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Lost and Found Association: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $56K (FY2019) to $1.5M (FY2023) across 5 reported years.
Financial snapshot
Operating margin
-8.9%
Spent more than it raised in the latest fiscal year.
Total assets
$357K
Total liabilities
$178K
Net assets
$180K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,496,951▼27.9% | $1,630,603▲19.4% | $179,670▼77.7% | $357,327▼63.3% | 990 |
| 2022 | $2,076,437▲183% | $1,365,766▲87.2% | $804,372▲763% | $974,137▲412% | 990 |
| 2021 | $734,437▲142% | $729,714▲148% | $93,257▲5.3% | $190,207▲51.9% | 990 |
| 2020 | $303,844▲441% | $294,484▲409% | $88,534▲575% | $125,184▲677% | 990 |
| 2019 | $56,157 | $57,874 | $13,109 | $16,114 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
28 grants to Lost and Found Association totaling $987K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| South Dakota Community Foundation | Community welfare and betterment | 2024 | $200,000 |
| Sioux Falls Area Community Foundation Inc | General support, suicide prevention | 2024 | $36,500 |
| Network For Good Inc | Unrestricted | 2024 | $11,545 |
| Sanford | Community support | 2024 | $6,000 |
| South Dakota Community Foundation | Community welfare and betterment | 2023 | $285,000 |
| Sioux Falls Area Community Foundation Inc | Program support, general support | 2023 | $30,200 |
| Network For Good Inc | Unrestricted | 2023 | $22,977 |
| Avera Health | Donation | 2023 | $10,000 |
| Thrivent Charitable Impact & Investing | General support | 2023 | $7,330 |
| Thrivent Financial For Lutherans | General support | 2023 | $6,195 |
| Sanford | Community support | 2023 | $6,000 |
| Sioux Falls Area Community Foundation Inc | General support, programs support | 2022 | $94,250 |
| Network For Good Inc | Unrestricted | 2022 | $41,688 |
| Avera Health | Sponsorship | 2022 | $12,000 |
| Sioux Falls Area Community Foundation Inc | Program support | 2021 | $48,250 |
Explore more
Data for Lost and Found Association (EIN 45-4306370) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.